April 27, 2015
Brazilian conglomerate Odebrecht plans to invest around US$1.5 billion in Peru this year, the company’s head of operations for Peru said.
Ricardo Boleira, said has 15 contracts for 2015 and the total value of its operations in the country stands at $13.7 billion. Around $2 billion has been invested in roads, with upwards of $500 million in irrigation projects and $900 million for energy contracts.
Odebrecht is a family-owned business started in 1944 and operates in construction, petrochemicals, transp